Pietro Satriano - 17 May 2022 Form 4 Insider Report for US Foods Holding Corp. (USFD)

Role
Director
Signature
/s/ McLaurin Files, Attorney-in-Fact
Issuer symbol
USFD
Transactions as of
17 May 2022
Net transactions value
-$2,064,000
Form type
4
Filing time
19 May 2022, 18:05:56 UTC
Previous filing
31 Mar 2022
Next filing
05 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USFD Common Stock Options Exercise $797,400 +60,000 +10% $13.29 654,159 17 May 2022 Direct
transaction USFD Common Stock Sale $2,059,800 -60,000 -9.2% $34.33 594,159 17 May 2022 Direct F1
transaction USFD Common Stock Options Exercise $531,600 +40,000 +6.7% $13.29 634,159 18 May 2022 Direct
transaction USFD Common Stock Sale $1,333,200 -40,000 -6.3% $33.33 594,159 18 May 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction USFD Employee Stock Option (right to buy) Options Exercise $0 -60,000 -45% $0.000000 73,561 17 May 2022 Common Stock 60,000 $13.29 Direct F3
transaction USFD Employee Stock Option (right to buy) Options Exercise $0 -40,000 -54% $0.000000 33,561 18 May 2022 Common Stock 40,000 $13.29 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Pietro Satriano is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.33 to $34.48, inclusive. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price in the range, upon request, to the Issuer any security holder of the Issuer, and the Securities and Exchange Commission.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.28 to $34.04, inclusive. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price in the range, upon request, to the Issuer any security holder of the Issuer, and the Securities and Exchange Commission.
F3 The stock option was granted on March 23, 2020 and one-third installments vested and became exercisable on each of March 23, 2021 and 2022.